Limited Management Discussion and Analysis 2Q20 2Q20 and 1H20 operating performance of Hospitality business Hotel 2Q19 2Q20 1H19 1H20 Self-Managed Hotels Number of hotel 2 2 2 2 Number of key 297 297 297
before falling in March 2020. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was
Group has managed its costs, internal resources, business operation and the cash flow to the maximized performance under the COVID-19 situation. The management and business operation under the COVID-19
. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 2nd quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was increased from in the 2nd quarter
managed inventories turnover to maximize the efficiency as follow; ▪ In the 3rd quarter of 2020, the Biodiesel’s ratio of cost of sales to total revenue was decreased from the 3rd quarter of 2019 to 21.54
network expansion led to increasing cost of service 3.9%YoY and 3.4%QoQ; however, SG&A was well-managed and dropped -12%YoY and -8.8%QoQ, resulted in stabilized EBITDA with -0.9%YoY and +1.6%QoQ. Net profit
2021. However, the Company had been managed inventories turnover to maximize efficiency. ▪ In the 1st quarter of 2021, the Biodiesel’s ratio of cost of sales to total revenue was increased from in the
manager shall not hold units of its managed REIT more than the following rate: (1) 50% of the unit sold; and (2) 50% of the unit sold of each class, in case there are many classes of units. Units which are
ensure compliance with the trust instrument and the relevant laws. The duties under the first paragraph shall include the following duties: (1) ensuring that the REIT is managed by the REIT manager whose